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Residential Finance Survey - Detailed Regional Tables: 2001

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Residential Finance Survey: 2001 - United States
Table 6-9. Monthly Rental Receipts per Housing Unit, Rental and Vacant 5- to 49-Housing-Unit Mortgaged Properties
^Number of mortgaged properties.
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base of derived figures (percent, median, etc.) and meaning of symbols, see text.
Properties acquired before 2000 excludes properties with less than half of units in rental market during all of year preceding survey and cooperatively owned apartments^^

Monthly rental receipts per housing unit
Total Less than
$100
$100 to
$199
$200 to
$299
$300 to
$399
$400 to
$499
$500 to
$599
$600 to
$799
$800 to
$999
$1,000 or
more
No rental
receipts
Median
(dollars)

5- to 49-housing-unit properties
with a traditional first mortgage
290542 23612 30960 40361 41346 39257 32358 35288 12758 30596 4007 418

PROPERTY CHARACTERISTICS


Year Property Acquired

1999 to 2001 (part)
74669 9243 11482 9702 10298 7564 6704 5424 1986 8872 3394 351
1997 and 1998 43473 1256 4525 7712 6466 6553 5708 5867 2254 2843 287 425
1995 and 1996 26674 1499 2606 3795 3724 5843 2859 3864 608 1876 0 429
1990 to 1994 47429 4755 5364 5372 7533 8267 4453 6228 1532 3924 0 408
1985 to 1989 40540 3121 2941 5237 7555 4296 5005 7032 1206 4094 54 432
1980 to 1984 22088 2496 1015 3172 1718 2056 2743 3107 1934 3847 0 521
1975 to 1979 16890 631 839 2215 3607 2365 2696 2083 955 1500 0 449
1970 to 1974 12257 429 1652 2302 395 1177 1149 920 1445 2515 273 503
1969 or earlier 6524 182 537 853 49 1136 1041 763 838 1126 0 549

Year Structure Built

1999 to March 2000
13398 1222 2562 1419 1009 1343 1441 1116 342 2332 611 413
1997 and 1998 7942 680 739 1324 697 861 1415 431 463 1333 0 462
1995 and 1996 6120 462 279 411 1245 1435 508 688 216 877 0 446
1990 to 1994 16105 1251 2850 1908 2777 1907 1436 2714 392 804 68 372
1980 to 1989 38939 3823 2400 6462 5798 3511 3978 6111 1549 5306 0 428
1970 to 1979 47794 4768 4667 6179 7700 8368 4791 4629 1750 4499 442 404
1960 to 1969 47222 2804 7459 4533 5859 6303 6058 6707 2578 4817 104 446
1950 to 1959 25482 1176 2115 3188 4996 4247 2467 2376 715 3915 287 426
1940 to 1949 17783 2516 1318 3413 1492 2434 2196 2513 908 993 0 406
1939 or earlier 69757 4912 6571 11524 9772 8847 8068 8003 3845 5719 2496 410

Purchase Price Per Housing Unit@8

Properties acquired by
purchase 1997 to 2001 (part)
106468 9185 14000 14915 15226 13814 12088 10582 4160 9194 3304 389
Less than $20,000 23048 5818 1247 5713 3923 1620 1304 349 55 753 2266 258
$20,000 to $39,999 38050 3165 9072 4136 7333 7559 2805 2383 263 928 407 333
$40,000 to $59,999 21920 40 3646 3810 1780 2647 4543 4285 618 483 68 462
$60,000 to $79,999 8203 163 35 1249 1742 635 1272 1494 1244 306 63 519
$80,000 to $99,999 5772 0 0 0 50 517 303 1338 1637 1928 0 883
$100,000 to $124,999 3416 0 0 0 0 779 1387 600 0 650 0 567
$125,000 to $149,999 1637 0 0 8 398 57 273 81 125 694 0 802
$150,000 to $174,999 647 0 0 0 0 0 0 0 0 647 0 500500
$175,000 to $199,999 591 0 0 0 0 0 0 0 44 220 327 400700
$200,000 to $249,999 692 0 0 0 0 0 0 0 174 518 0 332513
$250,000 to $299,999 447 0 0 0 0 0 0 52 0 395 0 435142
$300,000 to $499,999 297 0 0 0 0 0 0 0 0 297 0 500500
$500,000 or more 1377 0 0 0 0 0 0 0 0 1377 0 500500
Median 35769 15788 32683 28436 30064 33991 48073 51944 78383 107708 13820 ...
Mean 52638 17305 30545 31923 34577 40191 52120 57307 80420 191566 37845 810
Other properties 184074 14427 16960 25445 26120 25442 20270 24706 8598 21402 704 434

Rental Receipts as Percent of Value@8

Acquired before 2000
240274 16893 22180 32995 34589 35290 27852 32159 11565 26014 738 437
Less than 5 percent 6986 2071 634 1451 402 914 776 478 0 260 0 254
5 to 9 percent 85839 12978 17429 15066 9195 5239 5567 7119 3854 9392 0 283
10 to 14 percent 72756 1052 2035 8679 11564 14524 10642 13906 5069 5285 0 490
15 to 19 percent 39783 199 1876 4574 8656 9453 5856 5525 1477 2167 0 449
20 to 24 percent 13397 320 29 1078 1898 3059 2811 2286 450 1466 0 511
25 to 29 percent 6283 0 91 1262 1139 914 1095 1080 321 380 0 471
30 to 39 percent 4486 154 43 741 785 360 593 736 236 839 0 527
40 percent or more 9888 0 42 143 950 828 512 1029 158 6225 0 206634
Median 12 7 8 10 13 14 14 13 12 13 0 ...
Acquired 2000 and 2001 (part) 50268 6719 8781 7366 6757 3967 4506 3129 1193 4582 3270 309

Rental Vacancy Losses as Percent of
Potential Receipts

Acquired before 2000
240274 16893 22180 32995 34589 35290 27852 32159 11565 26014 738 437
Less than 1.0 percent 35725 1620 1341 4960 2221 4863 3942 7398 2950 6429 0 572
1.0 to 2.9 percent 34410 0 562 1009 5116 5538 6267 8505 2582 4832 0 579
3.0 to 4.9 percent 26961 40 891 2337 3031 5200 5392 5293 1529 3248 0 537
5.0 to 6.9 percent 14910 0 259 2847 3484 2867 1616 2302 565 970 0 430
7.0 to 8.9 percent 14046 0 135 1443 3742 4758 1933 521 599 915 0 436
9.0 to 10.9 percent 11622 73 890 1286 3005 3382 1400 735 264 588 0 416
11.0 to 12.9 percent 5329 78 558 1888 1122 647 652 374 0 10 0 313
13.0 to 14.9 percent 4774 173 379 891 1144 844 707 518 0 119 0 383
15.0 percent or more 27097 3299 4107 8496 4666 2501 1311 1423 147 1146 0 272
Not reported or not computed 65400 11608 13057 7838 7059 4691 4633 5090 2929 7757 738 298
Median 4.3 31.9 12.7 9.0 7.0 4.9 3.5 2.4 2.1 2.1 0.0 ...
Acquired 2000 and 2001 (part) 50268 6719 8781 7366 6757 3967 4506 3129 1193 4582 3270 309

OWNER CHARACTERISTICS


Type of Owner

Individual investor(s)
171160 12102 17592 25574 25661 25535 19228 20100 8256 13896 3216 412
Limited partnership 46741 5276 4127 5720 7282 5788 3724 4843 1345 8382 253 414
Joint venture 3403 317 314 55 426 1200 270 610 0 149 62 447
General partnership 16178 1220 1833 1680 2320 807 2922 2421 642 2105 226 504
Life insurance company 257 144 0 113 0 0 0 0 0 0 0 89
Depository institution 248 0 0 0 40 0 0 43 0 165 0 250838
Public real estate investment trust 565 0 170 203 34 127 0 0 0 31 0 255
Private real estate investment trust 204 0 53 84 0 0 0 67 0 0 0 258
Corporation - other than real estate
investment trust
34637 3533 3236 4854 3440 4300 5051 5020 1814 3201 188 450
Housing cooperative organization 1259 389 255 38 16 0 146 89 131 194 0 194
Non-profit or church-related institution 6571 105 2018 472 1149 708 484 500 256 879 0 360
Pension fund 0 0 0 0 0 0 0 0 0 0 0 0
Fraternal organization 8 0 0 0 0 8 0 0 0 0 0 450
Other 9312 524 1361 1566 979 783 533 1595 315 1594 63 425

MORTGAGE CHARACTERISTICS


Number of Mortgages

1 mortgage
256278 20257 27597 36959 35676 35215 28328 31341 11788 27727 1392 420
2 mortgages 29490 2476 3363 2466 4872 3304 3418 3584 970 2420 2615 408
3 or more mortgages 4775 879 0 936 798 738 612 363 0 449 0 372

Total Outstanding Debt as a Percent
of Value

Less than 20 percent
26898 1822 3359 3464 3241 1447 3302 3391 1460 5138 273 499
20 to 29 percent 19928 850 1881 2828 3787 3595 2151 2187 1196 1454 0 417
30 to 39 percent 30062 2034 2908 2910 4918 4396 2932 6008 1104 2566 287 448
40 to 49 percent 40880 2315 3236 5911 5717 4370 4599 6626 1907 6023 178 473
50 to 59 percent 37499 2708 2953 4345 6603 5779 4017 4703 3368 2945 78 436
60 to 69 percent 43849 2525 4884 5837 5670 7073 6271 5627 1707 3608 648 438
70 to 79 percent 27858 2381 4267 4648 3641 5429 2153 2441 965 1889 44 372
80 to 89 percent 18581 2103 2312 3481 3349 2358 2173 1007 586 1211 0 342
90 to 99 percent 19220 3866 2355 2157 2024 2651 1099 1421 289 1032 2327 303
100 percent or more 16790 1900 1502 4041 2195 1768 2648 1263 47 1427 0 343
Not reported or not computed 8977 1107 1304 738 201 391 1014 616 130 3304 172 565
Median 56 66 61 61 54 60 57 49 52 47 92 ...

MORTGAGE PAYMENTS AND OTHER EXPENSES


Monthly Interest and Principal
Payments on First Mortgage Per
Housing Unit

Regular monthly payments of
inter
286318 23489 30960 40042 40856 38737 31983 33894 12608 29741 4007 415
Less than $100 41013 8061 7314 8942 7227 3671 2062 1609 448 1449 230 256
$100 to $199 79024 8052 11157 12141 15437 13334 7436 6183 1320 1447 2517 345
$200 to $299 63177 2221 6355 8830 9952 11181 9897 9769 1775 3026 171 437
$300 to $399 29951 1058 2681 3941 2947 4608 4697 6239 2716 1063 0 494
$400 to $499 17033 0 243 2033 997 1391 2338 5065 2352 2614 0 660
$500 to $599 10933 488 240 538 776 1606 1534 1425 1816 2447 63 635
$600 to $699 5976 0 0 1218 657 294 547 674 549 2036 0 680
$700 to $799 4594 0 0 0 374 220 113 442 247 2925 273 262124
$800 to $899 3258 0 0 0 0 666 131 45 392 1696 327 137075
$900 to $999 1891 0 419 0 35 0 1176 127 0 133 0 542
$1,000 to $1,249 2541 0 219 26 426 129 308 43 218 1172 0 909
$1,250 to $1,499 2641 364 0 877 491 127 45 0 339 398 0 316
$1,500 or more 11584 523 1083 139 561 867 784 1370 305 5780 172 13791
Not reported 12704 2723 1250 1357 976 642 917 902 130 3554 253 392
Median 227 129 168 186 182 218 261 289 399 651 165 ...
Mean 597 369 390 241 300 827 428 561 492 1958 531 681
No regular payments required 4225 123 0 319 490 520 375 1394 150 855 0 641

Current First Mortgage Payment Status

Regular monthly payments of
principal and/or interest
286318 23489 30960 40042 40856 38737 31983 33894 12608 29741 4007 415
Up-to-date, ahead of schedule, or
less than 90 days past due
124893 9174 12632 18919 19092 15973 14518 15829 6258 10098 2402 409
Delinquent by 90 days or more 697 0 73 0 0 0 528 0 0 96 0 552
Legal proceedings have begun 481 0 29 0 0 0 451 0 0 0 0 547
Legal proceedings have not begun 216 0 44 0 0 0 76 0 0 96 0 584
Not reported 0 0 0 0 0 0 0 0 0 0 0 0
Not reported 160727 14316 18255 21123 21764 22764 16938 18065 6350 19546 1606 418
Other properties 4225 123 0 319 490 520 375 1394 150 855 0 641

Monthly Interest and Principal Payments
on Total Mortgages Per Housing Unit

Regular monthly payments of
interest and/or principal
286318 23489 30960 40042 40856 38737 31983 33894 12608 29741 4007 415
Less than $100 51345 10696 8380 9712 7443 4069 2632 2446 579 4905 483 265
$100 to $199 75240 7630 10355 11862 14798 12901 6992 5542 1269 1373 2517 344
$200 to $299 65277 2518 6893 8720 11242 11065 9808 9931 1826 3103 171 429
$300 to $399 32110 1232 3128 4072 2999 5128 5521 6251 2716 1063 0 490
$400 to $499 16405 0 132 2327 1054 1500 2338 4530 2047 2478 0 638
$500 to $599 11773 488 352 1079 776 1606 1590 1762 2031 2026 63 598
$600 to $699 6084 38 0 1096 657 294 286 901 549 2263 0 749
$700 to $799 5429 0 0 130 374 220 374 528 305 3225 273 201376
$800 to $899 3275 0 0 0 0 666 131 0 425 1725 327 146825
$900 to $999 1891 0 419 0 35 0 1176 127 0 133 0 542
$1,000 to $1,249 2635 0 219 26 426 129 308 88 218 1221 0 911
$1,250 to $1,499 2512 364 0 877 93 291 45 60 339 444 0 317
$1,500 or more 12342 523 1083 139 959 867 784 1729 305 5780 172 800
Not reported 0 0 0 0 0 0 0 0 0 0 0 0
Median 225 114 169 187 188 222 265 290 397 596 160 ...
Mean 590 331 380 241 301 822 423 649 493 1735 523 658
No regular payments required 4225 123 0 319 490 520 375 1394 150 855 0 641

Interest and Principal Payment on Total
Mortgages as Percent of Rental Receipts

Acquired before 2000 and regular
payments of interest and/or
principal
226962 14574 21203 31790 33631 34365 26561 29904 11285 22911 738 435
Less than 20 percent 18553 119 1121 2141 2678 2145 1990 3177 945 4236 0 554
20 to 29 percent 25294 79 514 4426 2881 3939 3322 4496 1740 3896 0 524
30 to 39 percent 29531 323 749 1532 4456 5993 3409 6384 1247 5438 0 550
40 to 49 percent 37247 492 1298 3838 6362 7350 5261 6424 3014 3208 0 490
50 to 59 percent 25590 199 713 1725 5466 4536 6142 2552 1796 2462 0 503
60 to 69 percent 18867 140 2551 2458 4561 2285 1323 3229 1014 1306 0 394
70 to 79 percent 12484 656 716 2657 2346 1953 2065 635 644 813 0 394
80 to 89 percent 9337 738 1143 3432 831 1496 745 659 72 222 0 281
90 to 99 percent 4183 479 893 1058 441 879 77 227 58 70 0 268
100 percent or more 45020 11232 11505 8523 3609 3789 2227 2121 755 1259 0 198
Not reported or not computed 856 118 0 0 0 0 0 0 0 0 738 51
Median 51 35712 7947 69 51 47 49 41 46 36 0 ...
Other properties 63580 9038 9757 8571 7714 4892 5797 5383 1473 7685 3270 336

Real Estate Tax Per $1,000 Value

Acquired before 2000
240274 16893 22180 32995 34589 35290 27852 32159 11565 26014 738 437
Less than $5 47303 4070 7242 6177 6160 6073 4289 3205 2589 7211 287 398
$5 to $9 51493 2390 2868 7474 6455 7785 6451 8535 4034 5229 273 483
$10 to $14 51255 1380 6014 7321 7328 7593 7636 9496 2030 2279 178 446
$15 to $19 24607 2750 2457 1386 5785 3507 2760 2566 777 2618 0 399
$20 to $24 22527 2528 1119 4871 3959 2759 2539 3602 497 653 0 369
$25 to $29 12384 125 1397 2555 939 2548 1625 1892 588 714 0 446
$30 to $39 27320 2738 950 2990 3808 5025 1962 2708 921 6217 0 463
$40 to $49 0 0 0 0 0 0 0 0 0 0 0 0
$50 to $59 0 0 0 0 0 0 0 0 0 0 0 0
$60 or more 26 26 0 0 0 0 0 0 0 0 0 51
Not reported or not computed 3360 885 132 221 155 0 591 154 130 1091 0 548
Median 12 15 11 12 13 12 12 12 9 10 6 ...
Acquired 2000 and 2001 (part) 50268 6719 8781 7366 6757 3967 4506 3129 1193 4582 3270 309

Real Estate Tax as Percent of Rental
Receipts

Acquired before 2000
240274 16893 22180 32995 34589 35290 27852 32159 11565 26014 738 437
Less than 5 percent 35298 805 1579 3314 3988 5969 3736 3799 1991 10117 0 553
5 to 9 percent 86795 3312 6563 10195 14435 12244 13289 12255 5863 8638 0 473
10 to 14 percent 49229 1607 3340 6781 7415 7711 5774 10712 2343 3546 0 471
15 to 19 percent 31443 1689 4225 6035 5851 5767 2153 3944 962 818 0 364
20 to 24 percent 11274 558 2522 1808 835 2867 929 535 246 973 0 390
25 to 29 percent 6487 203 554 1723 1244 731 1166 512 30 324 0 361
30 to 34 percent 5614 2041 1572 1232 186 0 213 248 0 120 0 149
35 to 39 percent 1470 689 500 49 115 0 0 0 0 117 0 109
40 percent or more 8449 4985 1192 1638 365 0 0 0 0 269 0 85
Not reported or not computed 4216 1003 132 221 155 0 591 154 130 1091 738 538
Median 10 25 14 12 10 10 9 10 8 6 0 ...
Acquired 2000 and 2001 (part) 50268 6719 8781 7366 6757 3967 4506 3129 1193 4582 3270 309

Property Management

Property managed by paid property
management company
129207 4979 9002 13999 16937 18896 17306 19824 8491 18976 795 502
Property not managed by paid property
management company
139461 11206 16116 23972 22876 19725 14848 14810 3995 9078 2835 374
Not reported 21875 7427 5843 2389 1533 635 203 653 272 2542 377 157

Property Management and Administration
Expenses Per Housing Unit

Acquired before 2000
240274 16893 22180 32995 34589 35290 27852 32159 11565 26014 738 437
Less than $100 5408 402 355 886 678 1172 639 380 628 268 0 433
$100 to $199 9026 212 1152 1113 1203 2224 1081 1284 486 270 0 437
$200 to $299 14707 99 530 2096 3749 3400 1951 2629 76 178 0 426
$300 to $399 15363 412 365 1511 1614 4472 2233 3623 140 939 54 484
$400 to $499 12564 46 319 828 1981 2426 2316 3299 664 686 0 529
$500 to $599 10511 101 113 1062 805 1780 2067 2504 1400 678 0 567
$600 to $699 8122 212 502 755 972 893 2422 1086 301 979 0 530
$700 to $799 5903 0 316 1253 459 968 243 916 1261 486 0 495
$800 to $899 3726 0 49 307 429 386 700 156 1203 496 0 599
$900 to $999 2138 0 0 382 517 137 112 305 332 352 0 529
$1,000 to $1,249 6416 365 0 729 708 741 1362 615 839 1055 0 549
$1,250 to $1,499 2817 0 0 38 188 449 633 567 43 898 0 635
$1,500 to $1,999 3810 0 28 259 387 143 843 685 510 955 0 672
$2,000 to $2,499 1278 0 27 0 0 0 0 490 68 692 0 78001
$2,500 or more 7229 0 0 44 56 47 282 368 129 6303 0 427121
No expenses 88549 4985 8006 13906 16582 14921 9365 10930 2287 7008 560 403
Not reported or not computed 42707 10060 10417 7827 4260 1131 1601 2321 1196 3770 124 210
Median 480 351 270 403 377 363 511 447 727 1674 350 ...
Acquired 2000 and 2001 (part) 50268 6719 8781 7366 6757 3967 4506 3129 1193 4582 3270 309

Maintenance and Repair Expenses
Per Housing Unit

Acquired before 2000
240274 16893 22180 32995 34589 35290 27852 32159 11565 26014 738 437
Less than $100 5481 556 847 348 1214 942 832 488 0 256 0 382
$100 to $199 14806 683 2136 3080 2764 1869 1244 2323 112 594 0 354
$200 to $299 16557 916 703 2817 2609 3478 1965 2078 652 1340 0 435
$300 to $399 15611 318 1046 3590 2063 4255 2430 1049 436 423 0 419
$400 to $499 14478 140 462 1765 3353 2649 3277 1924 514 394 0 457
$500 to $599 13882 416 1015 2332 2654 2894 1496 1917 438 720 0 418
$600 to $699 11349 83 421 2809 1887 1753 1162 1623 586 1026 0 427
$700 to $799 15288 130 1548 1705 2412 1057 3288 2810 896 1443 0 524
$800 to $899 11047 269 918 804 2330 2427 1139 1319 979 861 0 450
$900 to $999 7296 177 103 851 833 1440 1360 1425 427 680 0 518
$1,000 to $1,249 16101 371 293 944 2857 2788 2444 4388 1448 568 0 533
$1,250 to $1,499 12311 287 80 929 955 2996 2567 2644 1138 715 0 535
$1,500 to $1,999 10309 38 62 459 1311 2303 991 2563 1338 1190 54 596
$2,000 to $2,499 5577 0 122 1200 475 831 334 424 372 1819 0 548
$2,500 or more 15827 76 219 435 132 1066 976 1730 1642 9265 287 162189
No expenses 5319 389 593 941 669 468 543 1146 0 298 273 390
Not reported or not computed 49035 12044 11613 7986 6070 2073 1805 2308 589 4422 124 210
Median 705 324 455 519 572 616 711 811 1078 2120 4064760 ...
Acquired 2000 and 2001 (part) 50268 6719 8781 7366 6757 3967 4506 3129 1193 4582 3270 309

Utility and Fuel Expenses Per Housing Unit

Acquired before 2000
240274 16893 22180 32995 34589 35290 27852 32159 11565 26014 738 437
Less than $250 27131 1269 1955 4699 5830 4908 3199 3711 582 924 54 396
$250 to $499 50555 1711 2548 8858 9275 8667 6828 6970 3468 2230 0 433
$500 to $749 42694 571 1603 5356 6683 8230 5956 8130 2187 3980 0 487
$750 to $999 23615 467 923 2541 2351 3098 4023 5737 1442 3032 0 560
$1,000 to $1,249 14799 536 380 1420 2360 2157 1904 2119 1435 2489 0 529
$1,250 to $1,499 5724 86 82 175 1323 1065 609 1180 579 623 0 521
$1,500 to $1,749 3459 0 39 255 55 476 1262 434 348 589 0 572
$1,750 to $1,999 2825 80 0 506 426 447 199 549 35 583 0 490
$2,000 to $2,499 2642 48 0 84 0 578 12 0 384 1536 0 140576
$2,500 or more 6779 0 219 0 0 143 112 914 284 5108 0 337082
No expenses 15008 1199 2778 960 2725 3243 1714 743 52 1321 273 389
Not reported or not computed 45043 10926 11652 8140 3560 2278 2034 1672 770 3599 411 198
Median 573 413 438 455 474 540 585 629 651 1038 125 ...
Acquired 2000 and 2001 (part) 50268 6719 8781 7366 6757 3967 4506 3129 1193 4582 3270 309
@8May not add to total because not reported and not calculated are not included.
@8May not add to total because not reported and not calculated are not included.



Go to Residential Finance Survey: 2001 Detailed Regional Tables

Contact Richard Levy at 301-763-4553 or visit ask.census.gov for further information on Residential Finance Survey.

Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: October 31, 2011